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Jul 13, 2011
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over ten years, the war on terrorism, iraq and afghanistan together have cost about $1,500,000,000,000. this next year, we're projecting a little over $100 billion to be spent. so i just would say so the amount of the deficit this one year will equal the cost of the afghan and iraq wars over ten years. the deficit this year is is $1,500,000,000,000. the cost of the war this year is about $150 billion. so it's about 10% of the deficit we're running this year. so although it's real and we hope to bring those numbers down and are already projecting next year those numbers to come down closer to $100 billion from from $150 billion, still the cause of our deficit is not the war. it represents about 10% of the total deficit we are running this year. it's just -- that's just the fact. that's what the numbers show. madam president, one of the few things mandated for congress to do every year is to pass a budget. according to the congressional budget act contained in the united states code, signed into law in 1974, the senate budget committee must produce a budget resolution by april 1, adopt a
over ten years, the war on terrorism, iraq and afghanistan together have cost about $1,500,000,000,000. this next year, we're projecting a little over $100 billion to be spent. so i just would say so the amount of the deficit this one year will equal the cost of the afghan and iraq wars over ten years. the deficit this year is is $1,500,000,000,000. the cost of the war this year is about $150 billion. so it's about 10% of the deficit we're running this year. so although it's real and we hope to...
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Jul 26, 2011
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the american people would begin to recognize these savings from withdrawing from iraq and afghanistan. and essential education, job creation, housing, and environmental investments where america's economic recovery and for our strong economic future would be protected from the slashing cuts proposed by the house republicans. the irony is, republican leaders previously have backed all the spending reductions called for in leader reid's plan. now, i don't agree -- and i suspect all of us don't agree with all aspects of this proposed solution. but we're not going to have 100 solutions on this floor. we're going to have one that we can vote on. i wish this would have included new revenue, especially by ending such costly and outdated tax benefits as those still enjoyed by the biggest oil companies to help us pay off our debt even more quickly. i'd like to help pay for the debt incurred by the inexcusable earlier decisions to enter two wars without paying for them. and i continue to believe the surcharge for the wealthiest would mean that they would pay more of their fair share after so ma
the american people would begin to recognize these savings from withdrawing from iraq and afghanistan. and essential education, job creation, housing, and environmental investments where america's economic recovery and for our strong economic future would be protected from the slashing cuts proposed by the house republicans. the irony is, republican leaders previously have backed all the spending reductions called for in leader reid's plan. now, i don't agree -- and i suspect all of us don't...
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Jul 19, 2011
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so when members of congress say continue the war in afghanistan, afghanistan, $10 billion a month, they are saying we're prepared to borrow $4 billion every single month to keep that promise. so the president comes to us about once a year and says i need more authority to continue to borrow money to pay for the things that you have asked us to do. that's what it comes down to. now, nobody likes to vote for the debt ceiling because it is so widely misunderstood. most people basically say i don't want to be associated with it. i have been guilty of that in my political career, but the fact is most of us look over our shoulders at the final vote and say we better pass this darn thing because if we don't, we will default on our debt. the full faith and credit of the united states of america is like our credit score. guess what? we have the best in the world. of all governments in the world, we have the best. aaa. it doesn't get any better, and it's always been there. and that has helped us. it's helped us not only to borrow money at lower interest costs but the fact that our economy has loo
so when members of congress say continue the war in afghanistan, afghanistan, $10 billion a month, they are saying we're prepared to borrow $4 billion every single month to keep that promise. so the president comes to us about once a year and says i need more authority to continue to borrow money to pay for the things that you have asked us to do. that's what it comes down to. now, nobody likes to vote for the debt ceiling because it is so widely misunderstood. most people basically say i don't...
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Jul 29, 2011
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senate say to the president of the united states, as an example, we want you to continue to wage war in afghanistan at the cost of $10 billion a month, this president knows that he will have to borrow about $4 billion a month to meet that congressional appropriation. you see, we borrow about 40 cents for every dollar we spend. similarly, when it comes to the payments that we make to our veterans, who are disabled, we have promised them we will pay you, because you served our country and you lost a limb or you were injured and we will compensate you for that loss for the rest of your life. we need in making that commitment that we're also making a commitment to borrow the money necessary to do it. so periodically a president will come to congress and say, i understand our obligations which you have sent to me and i have approved, and now i ask you to extend my authority to borrow the money to meet those obligations. that has happened 89 times since 1939. since we passed this law, presidents of both parties have come to congress and asked for that authority. and aceman as i mentioned, not d congress
senate say to the president of the united states, as an example, we want you to continue to wage war in afghanistan at the cost of $10 billion a month, this president knows that he will have to borrow about $4 billion a month to meet that congressional appropriation. you see, we borrow about 40 cents for every dollar we spend. similarly, when it comes to the payments that we make to our veterans, who are disabled, we have promised them we will pay you, because you served our country and you...
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Jul 12, 2011
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. -- in iraq or afghanistan. sergeant first class petrie's story is one of courage and sacrifice and immense love of country. it's a story that began years ago in santa fe with a young plan who struggled in high school but refused to give up and instead buckled down, dug deep, and found the hero within. a hero to the men he saved on that fateful day in afghanistan and a hero to all americans who owe their freedoms to our brave men and women in uniform. it's the story that day in may of 2008 that i'd like to tell you about today. sergeant first class petrie was a member of the 75th ranger religious when he and -- regimen when he and his fellow soldiers were to capture. they were engaged in a fire fight when several in their regimen were pinned down by grenades. petrie had already been wounded by bullet fishings shot through both legs by a hidden enemy. but he didn't a how his wounds to stop him. pinned inside a courtyard with a fellow ranger, he continued the fight calling in support and creating a brief pause in
. -- in iraq or afghanistan. sergeant first class petrie's story is one of courage and sacrifice and immense love of country. it's a story that began years ago in santa fe with a young plan who struggled in high school but refused to give up and instead buckled down, dug deep, and found the hero within. a hero to the men he saved on that fateful day in afghanistan and a hero to all americans who owe their freedoms to our brave men and women in uniform. it's the story that day in may of 2008...
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Jul 26, 2011
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there are 145,000 troops deployed in iraq and afghanistan who are working long hours every day in the desert heat to protect our freedom. to make sure that we are doing everything we can to root out the terrorists that have attacked america. these men and women all raise their right hand and volunteered to go to defend this nation. the very least that we can do while we are in this kind of budget negotiation, which is making a lot of people nervous -- i have faith that we're going to do the right thing in the end, but it's not clear yet. we're pea a week away. -- we're a week away. so i don't think we should make these people think about whether it's going to happen and if there's going to be delay in a paycheck. so i hope that we'll be automobile to bring this bill up. i can guarantee, if the majority leader will bring up my bill, it will pass. it has 80 cosponsors. the new bill is the same thing except that it just makes the debt payment the priority, which you would hope would not have to be done, but, nevertheless, let's assure that our debtors know that we're going to pay the int
there are 145,000 troops deployed in iraq and afghanistan who are working long hours every day in the desert heat to protect our freedom. to make sure that we are doing everything we can to root out the terrorists that have attacked america. these men and women all raise their right hand and volunteered to go to defend this nation. the very least that we can do while we are in this kind of budget negotiation, which is making a lot of people nervous -- i have faith that we're going to do the...
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Jul 6, 2011
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first, we waged two wars in iraq and afghanistan, and we didn't pay for them. i think back in my history, and i can remember as a kid that every birthday i would receive a savings bond, u.s. savings bond. and i used to think it was interesting, they would hand me these $25 savings bonds and i knew they cost $18.25 but if i didn't do anything and held on to them, they would be worth $25. grandma and grandpa would give me the $25 savings bond and i knew it cost $18.25. those savings bonds is how we fund wars. americans sack tpaoeuzed -- sacrificed and they bought savings bonds. it was my family tradition. it was the tradition in america. when it came to the two most recent wars -- iraq and afghanistan -- it didn't happen. we borrowed the money from other countries. during that eight-year period of time under president bush, we wage twaod wars and borrowed the money and added it to the national debt. and we did something else. no president in the history of the united states of america ever has cut taxes in the midst of a war. and you know why? because you have yo
first, we waged two wars in iraq and afghanistan, and we didn't pay for them. i think back in my history, and i can remember as a kid that every birthday i would receive a savings bond, u.s. savings bond. and i used to think it was interesting, they would hand me these $25 savings bonds and i knew they cost $18.25 but if i didn't do anything and held on to them, they would be worth $25. grandma and grandpa would give me the $25 savings bond and i knew it cost $18.25. those savings bonds is how...
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Jul 14, 2011
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let's start with afghanistan and iraq. we're spending $168 billion in iraq and afghanistan this year alone. $168 billion. this year, fiscal year 2011, we're spending more than $13 billion to train the iraqi and afghan security forces. $13 billion. okay. what did we spend here in america to retrain our workers so they can get new jobs? less than $10 billion. we're spending more money to train afghan and iraqi forces, security forces than we're spending to retrain our own workers all over america. 24 million americans unemployed or underemployed and yet we're spending $168 billion this year on afghanistan and iraq. again, i applaud the president for the actions he's taken, but quite frankly, mr. president, they don't go far enough. the president should have a faster timetable for our troops to get out of afghanistan. i've said is that publicly many times. if you really want to save some money, save that $1 million that it costs to keep one soldier in afghanistan and get them back here. we went to afghanistan to get the talib
let's start with afghanistan and iraq. we're spending $168 billion in iraq and afghanistan this year alone. $168 billion. this year, fiscal year 2011, we're spending more than $13 billion to train the iraqi and afghan security forces. $13 billion. okay. what did we spend here in america to retrain our workers so they can get new jobs? less than $10 billion. we're spending more money to train afghan and iraqi forces, security forces than we're spending to retrain our own workers all over...
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Jul 20, 2011
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i disagree with a strategy where we're spending $100 billion to $120 billion in afghanistan in a strategy of nation building that is not the best use of our national security, not the best use of our soldiers who are there to fight for our national security, but those are decisions that were made in the past. and we must pay the bill on those decisions even when i disagreed with them. and then we need to put together a plan that takes on our deficit and our debt, and that plan has to put all of the options on the table. some of my colleagues across the aisle, they said, well, we want to protect the tax spending programs where we've tucked in tax provisions for the wealthy and the well connected. we want to defend those. we don't want to touch those for the best-off americans. but we want to cut the programs for working americans. that is unacceptable. we have seen enormous increase in the disparity between the wages and welfare of our citizens in general and the best-off becoming much, much wealthier proportionately. we can't continue to say that we're going to protect the well-connected
i disagree with a strategy where we're spending $100 billion to $120 billion in afghanistan in a strategy of nation building that is not the best use of our national security, not the best use of our soldiers who are there to fight for our national security, but those are decisions that were made in the past. and we must pay the bill on those decisions even when i disagreed with them. and then we need to put together a plan that takes on our deficit and our debt, and that plan has to put all of...
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Jul 18, 2011
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ira paychecks for troops in the afghanistan and iraq and bases around the world would stop. the faa could shut down. so could the fbi and the cia ant border crossings could close.foa safety inspections of food americans eat and cargo that enters our ports could hault. literally every function of sec government could seize. social security checks, payments to our veterans. no there would be no discussion on which operations personal or essential. all the payments would very likely. stopped. some have said we could prioritize which bills to pay. even if that would irreparably damage the nations reputation and the global economy and the global community which it would, is also a complete fiction. our government won't even behe able to cover the b bills due on august 3. it will simply run outun of monr and because we will be in default and our credit rating trash we will be able to borrow money -- even if we wanted to. bad is the picture secretary geithner panned and like if said it is graham. this understandagues this. they know what is kno at stake.t it is not blanket for sure
ira paychecks for troops in the afghanistan and iraq and bases around the world would stop. the faa could shut down. so could the fbi and the cia ant border crossings could close.foa safety inspections of food americans eat and cargo that enters our ports could hault. literally every function of sec government could seize. social security checks, payments to our veterans. no there would be no discussion on which operations personal or essential. all the payments would very likely. stopped. some...
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Jul 28, 2011
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an example, the war in afghanistan. some of the most conservative senators on the other side of the aisle not only want us to wage this war but to stay there and keep spending money. know what it costs? it costs $10 billion a month for us to protect our troops in afghanistan. for every dollar that we spend, every dollar that we spend, whether it's on the war, on food stamps, on missiles, on highways, for every dollar we spend we borrow 40 cents. we shouldn't be borrowing all this money, but we do because congress says there are certain things we've got to do as a nation. many of the same senators who have said to the president of the united states don't withdraw the troops from afghanistan, keep them there even longer, are now coming to the floor and saying to the president but we're not going to join in asking for the authority that you need to provide that money for those troops. now the senator from pennsylvania has come here the second day and given his take on what would happen if congress fails to extend the debt
an example, the war in afghanistan. some of the most conservative senators on the other side of the aisle not only want us to wage this war but to stay there and keep spending money. know what it costs? it costs $10 billion a month for us to protect our troops in afghanistan. for every dollar that we spend, every dollar that we spend, whether it's on the war, on food stamps, on missiles, on highways, for every dollar we spend we borrow 40 cents. we shouldn't be borrowing all this money, but we...
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Jul 27, 2011
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soldiers, in too many cases returning from iraq and afghanistan, are facing even greater challenges in the working market. i was at youngstown university talking, there are programs there, there's a group through magnet in youngstown in northeast ohio about putting -- getting -- helping soldiers and sailors and marines leaving the service, integrating into the classroom and helping them find jobs in that region, someplace we've fallen woefully short. manufacturing, which was moving along steadily earlier this year, we had seen 12, 13, 14, 15 months of job growth in manufacturing, not enough job growth but some, that's even slowing down. steps taken through the auto rescue and other things we did in the last couple of years dealing with this terrible, terrible recession created in 2007 and 2008 the auto rescue saved millions -- auto rescue and other efforts saved millions of americans from joining the unemployment rolls and we're seeing a better auto industry, an auto industry coming back, especially in places like defiance and toledo and northwood and cleveland and lordstown, ohio. bit
soldiers, in too many cases returning from iraq and afghanistan, are facing even greater challenges in the working market. i was at youngstown university talking, there are programs there, there's a group through magnet in youngstown in northeast ohio about putting -- getting -- helping soldiers and sailors and marines leaving the service, integrating into the classroom and helping them find jobs in that region, someplace we've fallen woefully short. manufacturing, which was moving along...
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Jul 22, 2011
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awareness of other aspect of the media and those who acknowledge currently we have soldiers fighting in afghanistan and people don't seem to forget that. i would not say any prime minister is not fighting for the right people. continues to fight for the right people. >> how would any of those prime ministers ask as editor or chief executive how often or would they ever ask you not to publish a story? would they ask you to spike a story? would that happen? >> i can't remember an occasion of prime minister asked that. >> politicians generally do that? >> no. i can remember many occasions when a cabinet minister or politician or prime minister was very unhappy with stories we were running and -- not that they would ask us not to. >> if they had you would have been interested anyway? >> if the story was true and accurate, no reason for a prime minister -- that is why we have a free press. >> final question. still a feeling that in some way you had a close relationship with the prime minister. the allegation seems to be is no different -- the benefit of what people need to see. you have a close relation
awareness of other aspect of the media and those who acknowledge currently we have soldiers fighting in afghanistan and people don't seem to forget that. i would not say any prime minister is not fighting for the right people. continues to fight for the right people. >> how would any of those prime ministers ask as editor or chief executive how often or would they ever ask you not to publish a story? would they ask you to spike a story? would that happen? >> i can't remember an...
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Jul 29, 2011
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afghanistan is not settled, mr. president, and we have to have a certain level of stability on the ground in afghanistan or we will have wasted the billions that we have already spent and the lives of our military personnel in afghanistan because it will go back to the way it was before, a center for terrorism that will come to our country or can come to our country. it did once already and we have been over there to try to wipe out al qaeda and the taliban, which has been in league with al qaeda. we have been over there losing american lives and spending american taxpayer dollars to protect our country from another 9/11. to say that we're going to cut $1 trillion in the future over the next ten years when we aren't placing the emphasis on what are the conditions on the ground is not sound policy and it's certainly not sound national security policy. so that's illusory. and then the other parts of the cuts that i think are very hard to decipher are cutting waste, fraud and abuse, which we all want to do, but we don'
afghanistan is not settled, mr. president, and we have to have a certain level of stability on the ground in afghanistan or we will have wasted the billions that we have already spent and the lives of our military personnel in afghanistan because it will go back to the way it was before, a center for terrorism that will come to our country or can come to our country. it did once already and we have been over there to try to wipe out al qaeda and the taliban, which has been in league with al...
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Jul 20, 2011
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president, to borrow the money to sustain our military forces in afghanistan. that is literally what we're talking about here in this debate. the american people are starting to come to understand it because when you first ask a person do you want to extend the debt ceiling, the obvious answer is no, are you crazy, senator? why would i want more debt in this country? we need less debt, not more. don't you get it? understandably, that's the public reaction, but when you go to the point of explaining that this is to pay for things we have already -- debts we have already incurred -- and it isn't just to wage a war. it's a debt incurred to pay for medicare. we said to 65-year-olds across america you get a health insurance plan called medicare and it will be there when you need it. when you go to the hospital and turn in your bills, we'll pay that doctor and pay that hospital, and we borrow money to do it. mr. brown: will the assistant majority leader yield? mr. durbin: i will. mr. brown: i just walked in. i appreciate your comments about where we were. 10 years ag
president, to borrow the money to sustain our military forces in afghanistan. that is literally what we're talking about here in this debate. the american people are starting to come to understand it because when you first ask a person do you want to extend the debt ceiling, the obvious answer is no, are you crazy, senator? why would i want more debt in this country? we need less debt, not more. don't you get it? understandably, that's the public reaction, but when you go to the point of...